FAIRMODEL
This well-known macroeconometric model is now available on the
Internet. Virtually all the features of the stand-alone package
are now accessible to any user free of charge. This includes the
ability to "forecast, do policy analysis, and examine historical
episodes." Data and forecasts can be both graphed and put into
tables (which can be downloaded). It appears the model itself can
be downloaded, and thus adapted for your own use. Both Fortran
and EViews versions are available.
The U.S. version of the model is rather complex (131 equations in
all; 101 identities and 30 stochastic equations), it is highly
recommended that users read the manual before using it. Extensive
documentation (in fact, much material similar to "Testing
Macroeconometric Models," Ray Fair, Harvard University Press, 1994)
is available. One can also read about the latest forecasts of the
model. To use FAIRMODEL, you must have a browser that supports Java
and frames.
In addition, the multicountry (MC) model is available as well. It
covers the U.S. and 32 other countries. In all, there are some 4,000
variables, not counting the trade share variables (which can be
downloaded). It is thought to be "one of the largest computational
problems that has so far been offered on the Internet."
http://fairmodel.econ.yale.edu/
